Jay's Metal Products Ltd., together with Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. and Jay's Metal Edmonton Ltd., has been placed in receivership by order of the Court of King's Bench of Alberta pronounced August 20, 2026. Royal Bank of Canada brought the application under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act and section 65(7) of the Personal Property Security Act. BDO Canada Limited was appointed receiver and manager of the four Alberta companies. The proceeding is active and carries court file number 2601-14248.
Fourth Report, not a financial update, addressed continuing non-compliance with the Order Declaring Non-Compliance over books, bank records, asset and inventory lists and devices, and sought further relief.
Source: Fourth Report of the Receiver, dated October 12, 2026
Third Report set out Management's incomplete compliance with court orders, unlocated computers and assets, pre-receivership insider payments to Mr. Bajwa of roughly $610,300, and uninvestigated allegations of diversion to 'The Metal Group'.
Source: Third Report of the Receiver, dated September 23, 2026
Second Report recorded operations ceased, management's representation that all four companies wound down approximately a month before the receivership, Jay's Products since assigned into bankruptcy with BDO as trustee, and Royal Bank of Canada secured for approximately $4,893,619.
Source: Second Report of the Receiver, dated September 17, 2026
Application re Contempt of Court, filed September 17, 2026 — Application / notice of application
Royal Bank of Canada sought and obtained the appointment order under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act and section 65(7) of the Personal Property Security Act.
Source: Application for an Order Compelling Compliance with the Receivership Order, dated September 2, 2026
Receiver's report filed bearing the August 20, 2026 date of receivership, fixing that date as the reference point for its reporting.
Source: First Report of the Receiver, dated September 2, 2026
Court granted Royal Bank of Canada's application, appointing BDO Canada Limited receiver and manager of the four Jay's Metal companies and commencing the receivership.
Application re Appointment of Receiver, filed August 10, 2026. — Application / notice of application
Case update
Jay's Metal: about $610,300 to or for the principal, repaying his loan, he says
BDO's Fourth Report lists about $610,300 paid from Jay's Metal Products to or for Jagjit Bajwa between August 5 and 21, including a $148,500 cheque that cleared the day after the receivership order. He testified the transfers repaid his shareholder loan, and BDO no longer seeks a contempt declaration at the October 15 hearing.
Case update
Jay's Metal: records order substantially unmet, court sets a show-cause hearing
On September 18 Justice Marion declared that the four Jay's Metal companies and their two directors had "substantially failed" to comply with a records order their counsel had agreed to, gave them until 4 p.m. on September 23 to finish it, set a September 24 hearing at which they must show cause why they should not be held in contempt, and let BDO, now also trustee of the bankrupt Jay's Metal Products Ltd., examine both men under oath.
Case update
Jay's Metal: the inventory count is in a notebook nobody can find
Two weeks after BDO was appointed over four Calgary metal fabricators on RBC's $4.9 million claim, the receiver told the Court of King's Bench it had found no computers, no inventory listing, two leased premises it had not been told about, and a landlord who contradicted what the principal had said about them — and asked Justice Marion to compel compliance and award costs against two directors personally.
Debtor
Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. and Jay's Metal Edmonton Ltd.
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Marion | Court of King's Bench of Alberta | 4 orders, Sep 2026 | 28 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorJagjit Bajwa and Rajinder Singh | Scott Venturo Rudakoff LLP | 24 Sep 2026 | Order · 24 Sep 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesRegistered interest in all after-acquired and personal property, registered October 6, 2020 — Amount stated as approximate ('approximately $4,893,619') per Starenky Affidavit — debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. | $4.89M | First Report of the Receiver, dated September 2, 2026 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
17 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: not yet estimated.Creditor Package · 22 Sep 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | per the trustee | Creditor Package · 22 Sep 2026 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Fourth Report of the Receiver, dated October 12, 2026
| PDF · Subscribers | |
Order - Adjournment and Further Compliance, dated September 24, 2026
| PDF · Subscribers | |
Third Report of the Receiver, dated September 23, 2026
| PDF · Subscribers | |
Order Declaring Non-Compliance, granted September 18, 2026
| PDF · Subscribers | |
| Application re Contempt of Court, filed September 17, 2026 | PDF · Subscribers | |
Creditor Package
| PDF · Subscribers | |
Second Report of the Receiver, dated September 17, 2026
| PDF · Subscribers | |
Compelling Order, granted September 3, 2026
| PDF · Subscribers | |
Application for an Order Compelling Compliance with the Receivership Order, dated September 2, 2026
| PDF · Subscribers | |
First Report of the Receiver, dated September 2, 2026
| PDF · Subscribers | |
Receivership Order, dated August 20, 2026
| PDF · Subscribers | |
| Affidavit of M. Starenky, sworn August 10, 2026 | PDF · Subscribers | |
| Application re Appointment of Receiver, filed August 10, 2026. | PDF · Subscribers | |
| Brief of Law re Appointment of Receiver, filed August 10, 2026 | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. and Jay's Metal Edmonton Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/jay-s-metal-products-ltd-jay-s-metal-structural-ltd-jay-s-metal-steel-framing-lt
Sources last checked · summary updated 2 September 2026 · Report a correction · Printed from proceedings.ca/case/jay-s-metal-products-ltd-jay-s-metal-structural-ltd-jay-s-metal-steel-framing-lt
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.